Announcement • Mar 30
Standard Bank Group Limited, Annual General Meeting, Jun 08, 2026 Standard Bank Group Limited, Annual General Meeting, Jun 08, 2026. Announcement • Mar 14
Standard Bank Group Limited Declares Final Gross Cash Dividend, Payable on 20 April 2026 Standard Bank Group Limited announced that the board has resolved to declare a final gross cash dividend No. 112 of 878.00 cents per ordinary share (the cash dividend) to ordinary shareholders recorded in the register of the company at the close of business on 17 April 2026. The last day to trade to participate in the dividend is 14 April 2026. Ordinary shares will commence trading ex dividend from Wednesday, 15 April 2026. The salient dates and times for the cash dividend are set out in the table that follows. Ordinary share certificates may not be dematerialised or rematerialised between 15 April 2026, and 17 April 2026, both days inclusive. Ordinary shareholders who hold dematerialised shares will have their accounts at their Central Securities Depository Participant (CSDP) or broker credited on 20 April 2026. Announcement • Oct 10
Standard Bank Group Limited to Report Nine Months, 2025 Results on Oct 17, 2025 Standard Bank Group Limited announced that they will report nine months, 2025 results on Oct 17, 2025 Announcement • Jun 10
Martin Oduor-Otieno Retires as a Director of Standard Bank Group Limited on 9 June 2025 Standard Bank Group Limited confirmed that Martin Oduor-Otieno retired as a director at the close of the company's Annual General Meeting held on 9 June 2025. Announcement • Apr 25
Standard Bank Group Limited, Annual General Meeting, Jun 09, 2025 Standard Bank Group Limited, Annual General Meeting, Jun 09, 2025. Upcoming Dividend • Sep 04
Upcoming dividend of R7.44 per share Eligible shareholders must have bought the stock before 11 September 2024. Payment date: 16 September 2024. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.8%). In line with average of industry peers (6.5%). Declared Dividend • Aug 18
First half dividend of R7.44 announced Shareholders will receive a dividend of R7.44. Ex-date: 11th September 2024 Payment date: 16th September 2024 Dividend yield will be 66%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (56% payout ratio) and is expected to be covered in 3 years' time (57% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 16
First half 2024 earnings released: EPS: R12.97 (vs R13.22 in 1H 2023) First half 2024 results: EPS: R12.97 (down from R13.22 in 1H 2023). Revenue: R80.3b (up 2.0% from 1H 2023). Net income: R21.5b (down 2.0% from 1H 2023). Profit margin: 27% (down from 28% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Jul 02
Standard Bank Group Limited Appoints Sola David-Borha as to Its Board and Board Committee Standard Bank Group Limited (SBG) announced the appointment of Ms. Sola David-Borha to the company and The Standard Bank of South Africa Limited (SBSA) Audit Committees, the SBG and SBSA Risk and Capital Management Committees and the SBG Social, Ethics and Sustainability Committee, with effect from 1 July 2024. Announcement • Jun 13
Standard Bank Group Limited Confirms Retirement of Directors Standard Bank Group confirmed that Dr. Xueqing Guan and Atedo Peterside retired as directors at the close of the company's Annual General Meeting held 10 June 2024. The board extends its sincere gratitude to Dr. Xueqing Guan and Atedo Peterside for their exemplary leadership and immense contribution during their tenure on the board and board committees they served on. Announcement • May 25
Standard Bank Group Limited and the Standard Bank of South Africa Limited Announces Change in Classification of Sola David-Borha from Non-Executive Director to Independent Non-Executive Director The boards of Standard Bank Group and The Standard Bank of South Africa Limited (SBSA), on recommendation from the Directors' Affairs Committee, have assessed Ms. Sola David-Borha's independence and are satisfied that she meets the requirements of independence, including those as set out in King IV. Accordingly, Ms. David-Borha, who was classified as a non-executive director upon her appointment to the boards of Standard Bank Group and SBSA, has been reclassified as an independent non-executive director of both companies with effect from 23 May 2024. Announcement • Apr 19
Standard Bank Group Limited and the Standard Bank of South Africa Limited Announces Directorate Retirements Standard Bank Group Limited and The Standard Bank of South Africa Limited announced that Dr. Xueqing Guan and Mr. Atedo Peterside, will retire as directors at the conclusion of the Annual General Meetings, scheduled to be held on 10 June 2024 and 23 May 2024 respectively. Dr. Guan and Mr. Peterside are required, in terms of the Memoranda of Incorporation of Standard Bank Group and SBSA, to retire by rotation at the respective companies' AGMs. Both directors have formally advised the Company and SBSA that they will not make themselves available for re-election. Consequently, they will step down from the boards and board committees that they serve on at the conclusion of the AGMs. Upcoming Dividend • Apr 03
Upcoming dividend of R7.33 per share Eligible shareholders must have bought the stock before 10 April 2024. Payment date: 15 April 2024. Payout ratio is a comfortable 53% but the company is not cash flow positive. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (6.5%). Declared Dividend • Mar 17
First half dividend of R7.33 announced Shareholders will receive a dividend of R7.33. Ex-date: 10th April 2024 Payment date: 15th April 2024 Dividend yield will be 83%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (56% payout ratio) and is expected to be covered in 3 years' time (58% forecast payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: R26.67 (vs R21.11 in FY 2022) Full year 2023 results: EPS: R26.67 (up from R21.11 in FY 2022). Revenue: R161.4b (up 11% from FY 2022). Net income: R46.0b (up 33% from FY 2022). Profit margin: 28% (up from 24% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Mar 13
Standard Bank Group Limited Appoints Olusola (Sola) Adejoke David-Borha as Non-Executive Director Standard Bank Group announced the appointment of Olusola (Sola) Adejoke David-Borha to its board and that of The Standard Bank of South Africa Limited, as a non-executive director with effect from 13 March 2024. The appointment is subject to finalization of the South African Reserve Bank Prudential Authority's regulatory processes. Ms. David-Borha (63) holds a BSc. (Hons) (University of Ibadan, Nigeria), MBA (University of Manchester) and AMP (Harvard Business School). She is a non-executive director of Stanbic IBTC Holdings Plc and will remain a non-executive director of Coca-Cola Hellenic Bottling Company, United Kingdom until May 2024. Ms. David-Borha was previously employed by the Group and served as Chief Executive Officer for Africa Regions until her retirement in March 2021. Announcement • Dec 06
Standard Bank Group Limited Announces Board and Committee Changes Standard Bank Group Limited announced that in compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited and as previously announced on SENS on 25 November 2022, Standard Bank Group confirms that Kgomotso Moroka and John Vice retired as directors at the close of the company's Annual General Meeting held on 12 June 2023. The board extends its sincere gratitude to Kgomotso and John for their exemplary leadership and immense contribution during their tenure as non-executive directors and committee chairman of the company. Kgomotso Moroka and John Vice also retired from the board of SBSA at the close of its AGM on 25 May 2023. Atedo Peterside will complete his ninth year in office as a director of the company on 22 August 2023, resulting in his reclassification in terms of the South African Reserve Bank Prudential Authority's Directive as not being independent with effect from 23 August 2023. Considering his imminent reclassification, the board agreed to withdraw Atedo's nomination as a member standing for re-election for the Group Audit Committee and therefore, resolution 2.5 was withdrawn at the AGM. Accordingly, Atedo Peterside ceased to be a member of the Group and SBSA Audit Committees effective 12 June 2023. Announcement • Nov 27
Standard Bank Group Limited to Report Fiscal Year 2023 Results on Mar 14, 2024 Standard Bank Group Limited announced that they will report fiscal year 2023 results on Mar 14, 2024 Announcement • Nov 26
Standard Bank Group Limited (JSE:SBK) acquired additional unknown minority stake in Novus Holdings Limited (JSE:NVS). Standard Bank Group Limited (JSE:SBK) acquired additional unknown minority stake in Novus Holdings Limited (JSE:NVS) on November 24, 2023.
Standard Bank Group Limited (JSE:SBK) completed the acquisition of additional unknown minority stake in Novus Holdings Limited (JSE:NVS) on November 24, 2023. Announcement • Oct 19
Standard Bank Group Limited (JSE:SBK) acquired a 9.73% stake in York Timber Holdings Limited (JSE:YRK). Standard Bank Group Limited (JSE:SBK) acquired a 9.73% stake in York Timber Holdings Limited (JSE:YRK) on October 17, 2023. Standard Bank Group Limited (JSE:SBK) completed the acquisition of a 9.73% stake in York Timber Holdings Limited (JSE:YRK) on October 17, 2023. Announcement • Sep 08
Standard Bank Group Limited to Report Q3, 2023 Results on Oct 17, 2023 Standard Bank Group Limited announced that they will report Q3, 2023 results on Oct 17, 2023 Upcoming Dividend • Sep 06
Upcoming dividend of R6.90 per share at 7.2% yield Eligible shareholders must have bought the stock before 13 September 2023. Payment date: 18 September 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 7.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (6.2%). Reported Earnings • Aug 20
First half 2023 earnings released: EPS: R13.22 (vs R9.81 in 1H 2022) First half 2023 results: EPS: R13.22 (up from R9.81 in 1H 2022). Revenue: R78.7b (up 27% from 1H 2022). Net income: R21.9b (up 36% from 1H 2022). Profit margin: 28% (up from 26% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Announcement • Aug 18
Standard Bank Group Limited Declares Interim Gross Cash Dividend, Payable on 18 September 2023 The board of Standard Bank Group Limited has resolved to declare an interim gross cash dividend No. 107 of 690.00 cents per ordinary share (the cash dividend) to ordinary shareholders recorded in the register of the company at the close of business on 15 September 2023. The last day to trade to participate in the dividend is 12 September 2023. Ordinary shares will commence trading ex-dividend from 13 September 2023. Ordinary shareholders who hold dematerialised shares will have their accounts at their Central Securities Depository Participant (CSDP) or broker credited on 18 September 2023. Announcement • Aug 05
Standard Bank Group Limited Provides Earnings Guidance for the Six Months Ended June 30, 2023 Standard Bank Group Limited provided earnings guidance for the six months ended June 30, 2023. For the period, the company expects headline earnings per share to be in the range of 1,245.1 cents to 1,292.0 cents and earnings per share to be 1,297.9 cents to 1,346.0 cents. The group's headline earnings per share (HEPS) and earnings per share (EPS) for 1H23 is expected to be higher than the reported HEPS and EPS for the six-month period ended 30 June 2022. Buying Opportunity • Jul 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be €10.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 22%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings is also forecast to grow by 10% per annum over the same time period. Announcement • Jun 15
Standard Bank Group Limited Announces Retirement of Directors Standard Bank Group Limited announced that Kgomotso Moroka and John Vice retired as directors at the close of the company's Annual General Meeting held, 12 June 2023. The board extends its sincere gratitude to Kgomotso and John for their exemplary leadership and immense contribution during their tenure as non-executive directors and committee chairman of the company. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €8.15, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.05 per share. Announcement • May 25
Standard Bank Group Limited (JSE:SBK) acquired an unknown additional stake in Redefine Properties Limited (JSE:RDF). Standard Bank Group Limited (JSE:SBK) acquired an unknown additional stake in Redefine Properties Limited (JSE:RDF) on May 23, 2023.
Standard Bank Group Limited (JSE:SBK) completed the acquisition of an unknown additional stake in Redefine Properties Limited (JSE:RDF) on May 23, 2023. Upcoming Dividend • Mar 28
Upcoming dividend of R6.91 per share at 7.9% yield Eligible shareholders must have bought the stock before 04 April 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (6.4%). Announcement • Feb 14
Standard Bank group Appoints Virginia Magapatona as New Group Head of Communication and Reputation Management, Effective 1 March 2023 Standard Bank group has appointed Virginia Magapatona as the new group head of communication and reputation management, effective 1 March 2023. Magapatona will oversee all communication activities for the group.She has more than 20 years of leadership expertise in corporate communication and reputation management. Magapatona joins Standard Bank group from FNB, where she held numerous leadership positions, including corporate affairs executive (reported to the chief executive officer) and was a member of the FNB executive committee (exco). She was also a trustee of the FirstRand Foundation and served on theFirstRand foundation audit, risk, and compliance committee. Standard Bank group chief operating officer, Margaret Nienaber, said the organisation is excited about Magapatona s return home, having spent her earlier years (2005 to 2009) with the group as part of Standard Bank corporate and investment banking division. Prior to that, she worked for HSBC Investment Services (Pty) Ltd. Buying Opportunity • Jan 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be €11.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 6.6% per annum. Earnings is also forecast to grow by 7.5% per annum over the same time period. Recent Insider Transactions • Sep 21
Group CEO & Executive Director recently bought €475k worth of stock On the 15th of September, Simpiwe Tshabalala bought around 57k shares on-market at roughly €8.33 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Simpiwe has been a net seller over the last 12 months, reducing personal holdings by €480k. Upcoming Dividend • Sep 07
Upcoming dividend of R5.15 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 19 September 2022. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 6.6%. Within top quartile of German dividend payers (4.7%). In line with average of industry peers (6.6%). Reported Earnings • Aug 22
First half 2022 earnings released: EPS: R0 (vs R7.17 in 1H 2021) First half 2022 results: EPS: R0. Revenue: R56.2b (down 4.8% from 1H 2021). Net income: R13.9b (up 22% from 1H 2021). Profit margin: 25% (up from 19% in 1H 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 16% growth forecast for the Banks industry in Germany. Upcoming Dividend • Mar 30
Upcoming dividend of R5.11 per share Eligible shareholders must have bought the stock before 06 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (3.7%). In line with average of industry peers (5.8%). Reported Earnings • Mar 12
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: R15.63 (up from R7.77 in FY 2020). Revenue: R123.1b (up 11% from FY 2020). Net income: R24.9b (up 101% from FY 2020). Profit margin: 20% (up from 11% in FY 2020). Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is expected to shrink by 2.4% compared to a 8.8% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Oct 07
Group CEO & Executive Director recently sold €109k worth of stock On the 5th of October, Simpiwe Tshabalala sold around 13k shares on-market at roughly €8.16 per share. This was the largest sale by an insider in the last 3 months. This was Simpiwe's only on-market trade for the last 12 months. Upcoming Dividend • Sep 08
Upcoming dividend of R3.60 per share Eligible shareholders must have bought the stock before 15 September 2021. Payment date: 20 September 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.2%). Reported Earnings • Aug 24
First half 2021 earnings released: EPS R7.17 (vs R2.37 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R59.0b (up 13% from 1H 2020). Net income: R11.4b (up 203% from 1H 2020). Profit margin: 19% (up from 7.2% in 1H 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Executive Departure • Jul 13
Chief Executive Officer of Africa Regions Olusola David-Borha has left the company On the 30th of June, Olusola David-Borha's tenure as Chief Executive Officer of Africa Regions ended after 4.5 years in the role. We don't have any record of a personal shareholding under Olusola's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.17 years. Executive Departure • Jun 02
Independent Non-Executive Director has left the company On the 27th of May, Andre Parker's tenure as Independent Non-Executive Director ended after 7.2 years in the role. We don't have any record of a personal shareholding under Andre's name. A total of 3 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improved over the past week After last week's 18% share price gain to R8.25, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 11x in the Banks industry in Europe. Total loss to shareholders of 33% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.44 per share. Upcoming Dividend • Apr 08
Upcoming dividend of R2.40 per share Eligible shareholders must have bought the stock before 14 April 2021. Payment date: 19 April 2021. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.7%). Is New 90 Day High Low • Mar 12
New 90-day high: €8.00 The company is up 20% from its price of €6.65 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €10.26 per share. Reported Earnings • Mar 12
Full year 2020 earnings released: EPS R7.77 (vs R15.94 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: R103.1b (down 16% from FY 2019). Net income: R13.2b (down 48% from FY 2019). Profit margin: 13% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 19% per year. Analyst Estimate Surprise Post Earnings • Mar 12
Revenue misses expectations Revenue missed analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 13%, compared to a 29% growth forecast for the Banks industry in Germany. Is New 90 Day High Low • Feb 06
New 90-day high: €7.55 The company is up 26% from its price of €6.00 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Banks industry, which is up 29% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.98 per share. Valuation Update With 7 Day Price Move • Nov 11
Market bids up stock over the past week After last week's 25% share price gain to R7.20, the stock is trading at a trailing P/E ratio of 12.5x, up from the previous P/E ratio of 10x. This compares to an average P/E of 10x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 10%. Is New 90 Day High Low • Nov 10
New 90-day high: €6.35 The company is up 25% from its price of €5.10 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.33 per share. Is New 90 Day High Low • Oct 24
New 90-day high: €6.05 The company is up 8.0% from its price of €5.60 on 24 July 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.13 per share. 